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Avon tuning ltd
Registration Number
08657471Incorporation Date
20/08/2013Last Annual Return
Not availableAddress
Unit 6, Elms Farm, Bristol, Avon. BS32 4LJ
Website
www.avontuning.co.ukAudit Fees
Not availableSecretary
Not available
Directors
Active
Mr Gareth Lyndon Jones (41 yrs)
| Proposed Year |
|||||
|---|---|---|---|---|---|
| ESTIMATED | ESTIMATED | ESTIMATED | ESTIMATED | ||
| Period Ending | 31-Aug-21 | 31-Aug-22 | 31-Aug-23 | 31-Aug-24 | 30-Aug-25 |
| Weeks | 52 | 52 | 52 | 52 | 52 |
| Total Sales (Upper Estimate) | 980 | 1700 | 2000 | 4000 | |
| Total Sales (Mid Est./ Actual) | 820 | 1400 | 1700 | 3300 | |
| Total Sales (Lower Estimate) | 660 | 1100 | 1400 | 2600 | |
| Directors Fees | NA | NA | NA | NA | NA |
| Gross Profits | NA | NA | NA | NA | NA |
| Value Added | NA | NA | NA | NA | NA |
| Trading Profit | NA | NA | NA | NA | NA |
| Depreciation | 54 | 60 | 127 | 126 | |
| Non-Trading Income | NA | NA | NA | NA | 0 |
| Total Interest Charges | NA | NA | NA | NA | NA |
| Pre-tax Profit | NA | NA | NA | NA | 684 |
| Retained Profit (Shareholders Funds) | 376 | 663 | 917 | 594 | 356 |
| Fixed Assets | 69 | 119 | 305 | 522 | 626 |
| Intangibles | 0 | 0 | 0 | 0 | 0 |
| Intermediate Assets | 0 | 0 | 30 | 0 | 0 |
| Stocks | 0 | 0 | 0 | 0 | 0 |
| Debtors | 22 | 29 | 34 | 72 | 85 |
| Cash or Equivalent | 1538 | 2271 | 3150 | 3848 | 3567 |
| Total Current Assets | 1560 | 2300 | 3184 | 3920 | 3652 |
| Creditors | 100 | 173 | 29 | 36 | 49 |
| Short Term Borrowing | 25 | 36 | 270 | 596 | 0 |
| Other Current Liabilities | 182 | 226 | 319 | 315 | 378 |
| Total Current Liabilities | 307 | 435 | 618 | 947 | 427 |
| Net Current Assets | 1253 | 1865 | 2566 | 2973 | 3225 |
| Shareholders Funds | 1321 | 1984 | 2901 | 3495 | 3851 |
| Total Loan Capital | 0 | 0 | 0 | 0 | 0 |
| Other Capital Employed | 0 | 0 | 0 | 0 | 0 |
| Total Capital Employed | 1321 | 1984 | 2901 | 3495 | 3851 |
| Retained Profit Margin % | 45.85 | 47.36 | 53.94 | 18 | 17.57 |
| Sales Growth % | -63 | 71 | 21 | 94 | 18 |
| Retained Profit Growth % | 42 | 76 | 38 | -35 | -40.07 |
| Debtor Ratio Days | 10 | 8 | 7 | 8 | 7.9418181818182 |
| Creditor Ratio Days | 44 | 45 | 6 | 4 | 4.5665454545455 |
| Stock Turnover | NA | NA | NA | NA | NA |
| Sales £000 / Employee | NA | NA | NA | NA | NA |
| Value Added £000/Empl. | NA | NA | NA | NA | NA |
| Av. Remun. £000 / Empl. | NA | NA | NA | NA | NA |
| Total Empl. Remu. £000 | NA | NA | NA | NA | NA |
| Employees | 7 | 10 | 10 | 11 | NA |
| Retained Profit/Total Assets % | 23 | 27 | 26 | 13 | 16 |
Company Summary
- This analysis contains ESTIMATED data as the company has filed small/modified accounts. Provide the full data and we will update it.
- SHADED FIGURES INDICATE THAT ESTIMATED DATA HAS BEEN USED.
- TOTAL SALES FOR THIS COMPANY HAVE BEEN ESTIMATED, See appendix for details.
- The Plimsoll Chart lies above the scale indicating financial strength, well above the industry average. (ESTIMATED)
- The Plimsoll Chart is falling though its height is ok. (ESTIMATED)
Company Summary
The company currently has £3.3m sales and made £594,000, by following the proposal plan, sales would rise to £3.9m and retained profits would fall to £356,000.
Key Attractiveness Features
- PRIVATELY OWNED
- FEW DIRECTORS
Acquisition Attractiveness Rating
- Low number of shareholders
- Company is privately owned
- Low number of directors
- Sales growth above the industry average
- Low financial rating
- High gross earnings
- Big difference between current and future value
- Directors fees represent high proportion of profits
- Average age of directors is high
Company Valuation
| Proposed Year |
|||||
|---|---|---|---|---|---|
| ESTIMATED | ESTIMATED | ESTIMATED | ESTIMATED | ||
| Period Ending | 31-Aug-21 | 31-Aug-22 | 31-Aug-23 | 31-Aug-24 | 30-Aug-25 |
| Total Sales (Upper Estimate) | 980 | 1700 | 2000 | 4000 | |
| Total Sales (Mid Est./ Actual) | 820 | 1400 | 1700 | 3300 | |
| Total Sales (Lower Estimate) | 660 | 1100 | 1400 | 2600 | |
| Pre-tax Profit (£000) | NA | NA | NA | NA | 684 |
| Total Value (£000) | |||||
| Asset Value (£000) | 91 | 148 | 369 | 594 | 711 |
| Goodwill (£000) | 1496 | 3043 | 4564 | 5073 | 4356 |
| Liabilities (£000) | 1231 | 1836 | 2532 | 2901 | 3140 |
| Equity Value (£000) | 2818 | 5027 | 7465 | 8568 | 8207 |
Total Value Formula (Estimated Accounts): ((Average 3 years retained profit)*7) plus (Fixed Assets + Intangibles + Intermediate Assets + Stocks + Debtors)
Shareholders / Ownership
MR GARETH LYNDON JONES (99.0%)
MRS SHELLEY WILKINS (1.0%)
Immediate Shareholder: See Shareholders
Subsidiaries
None
Acquisition / Valuation Comments
This company has been established 12 years.
The number of shareholders is low (2)
The value of the company has risen in each of the last 2 years.
The value of the company has fluctuated in the last 2 years.
The total value of the company is currently £5.7m including debts.
The equity value is high, indicating low levels of total liabilities.
The proposed year is based on achieving a 16% return on total assets.
The proposed plan would improve the overall financial strength of the company by 78%.
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